Sia-Tancaktiong's DoubleDragon launches P10-B retail bond sale with top credit rating

DoubleDragon Corp., led by tycoons Edgar "Injap" Sia II and Tony Tan Caktiong, has secured approval for its P10- billion, 7-year peso retail bond offering, receiving a PRS Aaa rating from PhilRatings, the highest credit grade.

The bonds, offering a 7.77 percent coupon rate, will be available for sale from Feb. 3-14, 2025, with a PDEx listing on Feb. 21. 

This is DoubleDragon’s only retail bond issuance for 2025, marking the second tranche of its SEC-approved shelf registration program. 

The final third tranche is set for 2026, completing the bond program. 

Landbank of the Philippines, RCBC Capital, and Unicapital serve as joint issue managers and lead underwriters.  

Featured News
Explore the latest news from InsiderPH
Wednesday, 17 June 2026
13 hours ago
ABS-CBN to answer SEC complaint, says business continues as usual
ABS-CBN ordered to answer SEC complaint filed by director Piki Lopez
15 Jun 2026
10:39AM
First Gen rejects claims of hidden P50-B premium in hydro deal with Razon
10 Jun 2026
2:41PM

Lopez family ceasefire is off as majority hits Piki over ‘scandalous’ power deal
9 Jun 2026
11:23AM
14 hours ago
GCash targets $1-B IPO in bid for biggest PSE listing
Insight to the one percent
© 2024 InsiderPH, All Rights Reserved.